Cost of Living in Enterprise, AL
Population 29,505 · Census ACS 2020–2024 5-year estimates
The median rent in Enterprise, AL is $1,098/month, 9% higher than the Alabama median and 22% lower than the U.S. median. The median home value is $202,900, 39% lower than the national median. Households earn a median of $73,125 a year, 14% higher than the state median.
Affordability
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Enterprise vs. Alabama vs. U.S.
| Enterprise | Alabama | U.S. | |
|---|---|---|---|
| Median rent | $1,098 | $1,007 | $1,413 |
| Median home value | $202,900 | $209,900 | $332,700 |
| Median household income | $73,125 | $63,999 | $80,734 |
| Homeownership rate | 63.5% | 70.2% | 65.2% |
| Bachelor's degree or higher | 25.1% | 28.4% | 35.7% |
| Poverty rate | 16.5% | 15.6% | 12.5% |
| Unemployment rate | 5.4% | 4.7% | 5.2% |
| Work from home | 4.9% | 8.8% | 15.1% |
| Median age | 36.5 | 39.3 | 38.9 |
FAQ
What is the average rent in Enterprise, AL?
The median gross rent in Enterprise, AL is $1,098 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Enterprise, AL?
Using the common 30% rule, renting a median-priced home takes about $43,920 a year in gross income.
Is Enterprise, AL expensive to live in?
Rent there is 22% lower than the U.S. median, and the median home costs about 2.8 times the median household income.
Other cities in Alabama
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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